Portugal's Net Borrowing Needs Expected at EUR11.9 Billion in 2024
21 December 2023 - 9:10PM
Dow Jones News
By Emese Bartha
Portugal's net financing needs are expected to amount to around
11.9 billion euros ($13.02 billion) in 2024, the Portuguese debt
agency said in its borrowing plan for next year on Thursday.
The debt agency has penciled in gross government bond issuance
of EUR13.9 billion, to be issued via auctions and syndicated
transactions, it said.
Treasury bill issuance should have a positive impact of EUR6.1
billion in net financing, the debt agency said.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
December 21, 2023 04:55 ET (09:55 GMT)
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